Property and Equipment, Net

9 Months Ended

Sep. 30, 2012

Property, Plant and Equipment [Abstract]

Property and equipment consists of the following components:



	September 30, 2012		December 31, 2011
	(dollars in thousands)
Land and land improvements	$	5,840	$	5,740
Buildings	57,190		51,480
Machinery and equipment	325,600		291,960
	388,630		349,180
Less: Accumulated depreciation	208,530		189,970
Property and equipment, net	$	180,100	$	159,210

Depreciation expense as included in the accompanying consolidated statement of operations is as follows:



	Three months ended September 30,				Nine months ended September 30,
	2012		2011		2012		2011
	(dollars in thousands)
Depreciation expense, included in cost of sales	$	5,400	$	5,260	$	16,420	$	15,300
Depreciation expense, included in selling, general and administrative expense	900		730		2,570		2,200
Total depreciation expense	$	6,300	$	5,990	$	18,990	$	17,500

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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